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Residential

101 Ocean

Hollywood, FL 33019

ML#:F10254218
List Price:$120,000
Status:Closed
Days on Market:251
Listing Brkr:Rainbow Investment Realty Inc
Subdivision:HOLLYWOOD BEACH RESORT
Bedrooms:0
Baths:1
SqFt (Liv):300
Lot Size:0 sqft
Year Built:1925
Stories:8

General Information

Type Property:Residential
Style:Condominium
Pool:Private
Garage Spaces:1
Parking:—

Location Information

County:Miami-Dade County
Zip:33019
Subdivision:HOLLYWOOD BEACH RESORT
Latitude:26.012458
Longitude:-80.116163

Additional Features

Interior:Interior Hall, Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Studio Apartment
Exterior:None
Appliances:Microwave, Electric Range, Refrigerator
Flooring:Ceramic Floor
View:Intracoastal View
Heating:None
Cooling:Air Purifier, Ceiling Fan(s), Central Air, Electric
Construction:Concrete Block Construction, CBS Construction
Waterfront:Yes
Furnished:Furnished,Furniture Only
Pets Allowed:Yes
Community:Exercise Room, Pool, Security Patrol, Spa/Hot Tub, Whirlpool
Security:Smoke Alarm, Smoke Detector(s), Smoke Detector, Guard At Site, Private Guards, Security Guard, Security Patrol

Financial Information

HOA (Monthly):$790
Annual Taxes (2019):$2,102
Days on Market:251

Remarks

CORNER END UNIT-Fully furnished efficiency at Hollywood Beach Resort next to beach boardwalk. Immediate income cash flow for Investors. Regular repeat guests with approx. 70% occupancy rate and min. 8% cap rate annually. Client list can be transferred to new owner. Maintain 65% occupancy rate during pandemic. One GARAGE parking. No rental restriction, rent on your own, use hotel program or as your own weekend place for quick getaway. One Storage locker. All utilities included in maintenance: water, electric, insurance, cable, A/C, pool, gym, security, Wi-Fi internet. Registration desk at the lobby entrance. Laundry machines on same floor. Bar and dining restaurant in back of Resort and just minutes from Ft. Lauderdale airport. Owner is motivated and will consider all reasonable offer.

Listing Agent

Hoi Lau

Rainbow Investment Realty Inc

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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